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James its quite common after a near 100% rise that shares will consolidate slightly. You can't have blue days relentlessly where do you stop otherwise. Its just climbed to everest base camp and is taking a breather before pushing on.
If my maths is correct this should produce a profit between $3.4m low case $5.98m best case. Assuming my maths is correct this looks like a steal trading on an mcap of 5m. Worth a little punt on Monday unless I'm missing something?
They may well be astounded,but not stupid. They have left the extension till the last minute as I expect they want to squeeze a few more drills in before the end of the EA. £2m would fund a few drills I'm sure..
If it never fell we would have no buying opportunities. Your broker fee would rocket due to lost short revenue, you would never get those big short squeezes. It's a necessary evil. The stock market is just a game and like any game you need 2 players